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20130413
20130413
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CNNW 1
CSPAN 1
CSPAN2 1
KQEH (PBS) 1
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Search Results 0 to 5 of about 6
CSPAN
Apr 13, 2013 7:00am EDT
month. >> he will not negotiate around the debt ceiling. >> thank you for your testimony to date. on want to talk about the president's proposal but on the question of the death and how we arrived at this moment in time am i correct or is it fair to say that the 2001 bush tax cut that was not paid for at the time by this congress come add to this country's debt burden? >> there were two wars that were not paid for and a prescription drug plan was not paid for. >> as a result of the collapse of the economy in 2008 we took a $22 trillion hit, by some object of estimates necessitating a substantial bailout by this congress by financial institutions and a similar package, both of which presumably also added to our debt burden. is that correct? as it relates to the forward-looking plan, that you articulated that 5 believe would total $4.3 trillion in deficit-reduction over the next, it does seem to be a forward-looking plan, my suggestion to the contrary, what very peculiar situation as it relates to our recovery under the president's administration, six million private-sector jobs th
CNN
Apr 13, 2013 10:00am PDT
of the debt ceiling. >> the debt ceiling, that even -- that makes me nervous. i'm twitching when i heard the words debt ceiling. stephen, do we think there's any more chance they're moving to at least some kinds of consensus of how we'll run the nation's books before we get to the debt ceiling? >> i'm not sure we are, actually. i think this budget was an ideological document -- >> aren't they all? wait, isn't that what it is, the president's mission statement, right? >> of course it is. no doubt about it. this is the president's statement. i worked for ronald reagan when we put our budgets. it's a statement of principle. the point i'm making is there's not a lot in here republicans are going to go say, oh, wonderful idea. we haven't talked about the new taxes which republicans will reject out of hand. the most interesting thing that happened this week when the president proposed what i think is a fairly modest change to social security, oh, my gosh, these organizations on the left, i mean, had cardiac arrest. and that makes me somewhat nervous about whether we're ever going to get seriou
PBS
Apr 13, 2013 12:30pm PDT
domestic product in 2008 to 78.2% of gdp, in 2014. under obama's budget, by 2020, the national debt ceiling will exceed $25 trillion. >>> question. is this budget the basis for serious negotiations with the republican leadership? or is it a political ploy? pat buchanan? >> no i think he did throw out a card john with the social security chain cpi. but i don't think it will go anywhere for this reason. the president has tax increases in there the republican house simply cannot abide and go home and survive. he is not going to get those tax increases. secondly, this chain cpi, already has a fire storm inside the democratic party against him for going after social security and medicare. so i think he put this out here. but john the real long-term problem medicare, medicaid social security eat up more and more and more of the budget. you mentioned defense and discretionary spending go down less and less and less. and i think it is, you know, this is no new deal or no new frontier or no great society. it is a timid budget, i think. and it is a grim budget for the united states. >>> the cpi is th
SFGTV2
Apr 13, 2013 12:00pm PDT
interesting we run back into the ceiling debt much later and that rolls up into the fiscal cliff 2.0 in how the government tempts to deal with it. so you may ask yourself we have a portion of the tax increases went through and who knows exactly what congress is going to but it's probably a pretty good guess that we get to the very last minute right before the march 1st effective gate date for the spending cuts and then we get some other short-term extension to add to this made for tv drama that they seem so fond of lately and you wonder where does it get us long term and how are we able to close the gap here the congressional budget office has looked at what they consider to be the most likely outcome of the ongoing negotiations which, is a marshal implementation of these spending cuts and what you see here are two lines. the top line is out lace as a percentage of gdp or government spending as a percentage of gdp and starting today and going out through the end of 2022 and this is a forecast for the next nine years and going below that is rather a new as a% of gdp and what you
CSPAN
Apr 12, 2013 10:30pm EDT
by the republicans in the house to increase the debt ceiling. at the end of the day, we got $2.5 in spending. restrapets that was the cap and the sequester. there's been repeated efforts by democrats in the senate and the white house to undue that agreement of august 2011, but it has held. the sequester is holding despite not letting kids go through the white house or the easter egg hunts and not letting the blue angels fly. this is the boy cried wolf kind of thing. at the end of the day, taxpayers won that fight. those who believed in d.c., you had to raise taxes in order to get any spending restraints. we're wrong. we got the -- they were wrong. obama -- president obama is again saying i will never let you cut the budget unless you give me tax increases. he said that for the last three years and he has lost several times on that fight. does he want to have spending restraint or entitlement reform? don't think so. democratic senate with 59 or 60 votes. he woke up every morning and he could have reform entitlements but he didn't, he went to bed. someone could do something for 00 days like qu
MSNBC
Apr 13, 2013 9:00am PDT
they have to raise the debt ceiling again or else the u.s. could default on its credit. i think that is the sort of mechanism by which we're going to have more -- somebody is going to have to take some action. the question is how big. the president still on this offensive. i think what we have heard from republicans is they're genuinely impressed that the president has gone to these lengths. he's made them feel comfortable in the meetings but the problem is the president in showing good faith to talk about cutting entitlements and social security, he's angered some democrats and he doesn't have a lot of wiggle room now. he's hoping republicans meet him halfway. the problem still is the taxes. the republicans say they raised it in january. the president got what he wanted, albeit less than he want, but they don't want to do that again. let's have the budget cuts without that. i think that's the problem. as much as the president is wining and dining, i think this is where the sticking point will continue to be. >> you talk about no wiggle room. not only does he have critics on the
Search Results 0 to 5 of about 6